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Property profile & analytics
OFF-MARKET
Apartment buildings

3701 Bella Costa Dr Mercedes, TX 78570

Built 2022
Property ID
Property summary
AI-generated overview

This exceptional 6-unit apartment complex, situated on a spacious 15,901.14 square foot lot in the desirable Mercedes, Texas area, presents a compelling investment opportunity. Built in 2022, the property consists of three buildings, each featuring modern, open-concept floor plans. All six units boast wood-like tile flooring throughout, kitchens equipped with high ceilings, modern granite countertops, and islands offering ample cabinet space. Spacious bedrooms with large closets add to the appeal. A significant advantage is the inclusion of a private, generously sized, fenced backyard for each unit. Further enhancing the property's value are stainless steel appliances and in-unit washer/dryer hookups in each unit. Twelve carport spaces provide convenient parking for residents. The property is currently fully leased, with tenants responsible for their own utilities, ensuring a consistent income stream. The complex is located within a gated community, offering residents added security and peace of mind. Its prime location provides easy access to the expressway, restaurants, shopping centers, and schools, making it highly attractive to renters. While interior photos shown are from a similar property, they accurately reflect the high-quality finishes and modern design of this exceptional investment. This is a turnkey opportunity for investors seeking a profitable and well-maintained multifamily property in a thriving Texas market.

Property profile
Verified
Property type Apartment buildings
Year built 2022
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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